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Illusion [34]
3 years ago
8

Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua

l coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon rate of 6.5 percent paid annually. If the yield to maturity is 7.6 percent, what is the current price of the bond?

Business
1 answer:
Fittoniya [83]3 years ago
8 0

Answer:

€903.50

Explanation:

We use the present value formula to determine the current price of the bond which is shown in the attachment below:

Given that,  

Future value = €1,000

Rate of interest = 7.6%

NPER = 15 years

PMT = €1,000 × 6.5% = €65

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the current price of the bond is €903.50

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Reliance Corporation sold 4,500 units of its product at a price of $20 per unit. Total variable cost per unit is $11.00, consist
BaLLatris [955]

Answer:

$40,500

Explanation:

A Companies Contribution Margin is a product's price minus all associated variable costs, this final value gives the products incremental profit earned for each unit sold. Therefore in this scenario, the Contribution Margin for the company is as follows

(4,500 * $20) - (4,500 * $11)

$90,000 - $49,500

$40,500

Therefore the final Contribution Margin for the company is $40,500 dollars.

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3 years ago
Which of the following accounts may appear on a post-closing trial balance? Question 8 options: A. Cash, Salary payable, and Ret
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Answer:

A. Cash, Salary payable, and Retained earnings

Explanation:

The post-closing trial balance is prepared after recording the closing entries with respect to all revenues earned, all expenses incurred, and the cash dividend .

It should be always matched and equal that means the total of the debit column and the total of credit column is equaled  and zero.

So, the most appropriate option is A.

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what are the four p's

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Will name brainliest
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In the _____ phase of the decision-making process, the objective is to define criteria for the decision, generate alternatives f
Ksenya-84 [330]

Answer:

Design

Explanation:

In Simon model of decision making process there are four phases

•  Intelligence  

• Design  

• Choice  

• Implementation  

  • Intelligence phase: In this phase problem, situation and opportunity is being identified. The variable is identified which impacts the decision. It is based on the objective of organization and project
  • Design phase: This is the phase in which a model for decision is being created. It is done by identifying relation between the variable of decision-making process. Their relationship is established and then model is constructed. Based on the model various alternative of decision is created. The outcome for each decision option is also predicted and  
  • Choice phase: Based on model prepared by design phase. Various alternative of decision is created. In this phase the best decision is chosen which helps in attaining the objective most productively.
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In the problem defined the phase which is being discussed is one in which criteria of decision , alternative for meeting and relationship between choice and criteria is evaluated which corresponds to design phase as discussed in the above model.

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3 years ago
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